Bromine - Global Market Outlook (2017-2023)

Bromine - Global Market Outlook (2017-2023)

  • Published: September 2017
  • ID: SMRC16704

According to Stratistics MRC, the Global Bromine Market is expected to grow from $2.35 billion in 2016 to reach $4.28 billion by 2023 with a CAGR of 8.9%. Increasing consumption of bromine in various end use industries such as oil & gas, automotive, pharmaceuticals, textile, agricultural, and electronics will be one of the major factors that will have a positive impact on the growth of the market. Bromine and its derivatives are widely used in PTA synthesis, plasma etching, flame retardants, biocides, and oil & gas drilling applications. Furthermore, increasing oil and gas demand, expansion of water treatment industry, developments in oil & gas production with advance manufacturing units, rising usage as mercury reducing agents and stringent environmental policies are the factors favoring the market growth. However, environmental concerns due to its toxicological effects and developing non-halogenated flame retardants will hamper the bromine market’s growth to some extent in the near future.
 
Bromine is a chemical element, one of nature’s building blocks. Bromine derivatives are essential ingredients in everything from drugs and automotive tires to water purifiers, sanitizers and additives that protect lives and property from fire. Bromine derivatives are used to explore for oil and gas, and they help us keep swimming pools and spas clean and clear. They are vital to agriculture and international trade because they protect crops from insect damage and help to keep imported commodities free of invasive pests. Bromine is classified as a hazardous waste material under the CERCLA (Superfund) act of 1980 and the Resource Conservation and Recovery Act (RCRA) of 1976, along with numerous state and local laws and regulations. Under these rules, bromine must be disposed of in a way that minimizes potential harm to humans and the environment.

Asia-Pacific leads the bromine and its derivatives market globally with the biggest market share and is expected to grow with a high CAGR among the other regions. The dominance of this region is due to key players are shifting their manufacturing units from mature markets to emerging markets such as APAC and ME&A. Growing demand from end use industries, increasing investments by large players and existence of large sources of raw materials in Asia pacific region are expected to augment bromine and its derivative market in coming years. Major bromine sources include Ocean waters in Japan, Dead Sea and Brine wells of China.

Some of the key players profiled in the report include Sanofi SA, Honeywell International Inc., Aquachina Chemicals, Chemtura Corporation, Israel Chemicals Limited, Solaris Chemtech, Dhruv Chem Industries, Tetra Technologies Inc., Tosoh Corporation, Albemarle Corporation, Morre-Tec Industries Inc., Jordan Bromine Company, Hindustan Salts Limited, Gulf Resources Inc., Tata Chemicals Limited, Shandong Haiwang Chemical Co., Ltd., Shandong Dadi Salt Chemical Group Co., Ltd and Shandong Ocean Chemical Co., Ltd.

Derivatives Covered:
• Clear Brine Fluids
• Hydrogen Bromide (BHR)
• Organobromines

Applications Covered:
• Biocides
• Catalysts
• Flame Retardants
• Oil & Gas drilling
• Organic Intermediates
• Plasma etching
• PTA synthesis
• Other Applications

Verticals Covered:
• Oil and gas
• Automotive
• Chemicals
• Pharmaceuticals
• Agriculture
• Cosmetics
• Textile
• Other Verticals

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary  
     
2 Preface  
  
 2.1 Abstract  
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 Application Analysis 
 3.7 End User Analysis  
 3.8 Emerging Markets  
 3.9 Futuristic Market Scenario 
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Bromine Market, By Derivative 
 5.1 Introduction  
 5.2 Clear Brine Fluids  
 5.3 Hydrogen Bromide (BHR) 
 5.4 Organobromines  
     
6 Global Bromine Market, By Application 
 6.1 Introduction  
 6.2 Biocides  
 6.3 Catalysts  
 6.4 Flame Retardants  
 6.5 Oil & Gas drilling  
 6.6 Organic Intermediates 
 6.7 Plasma etching  
 6.8 PTA synthesis  
 6.9 Other Applications  
  6.9.1 Photography 
  6.9.2 Elastomers 
  6.9.3 Adhesive & Tape 
     
7 Global Bromine Market, By Vertical 
 7.1 Introduction  
 7.2 Oil and gas  
 7.3 Automotive  
 7.4 Chemicals  
 7.5 Pharmaceuticals  
 7.6 Agriculture   
 7.7 Cosmetics  
 7.8 Textile   
 7.9 Other Verticals  
  7.9.1 Construction 
  7.9.2 Furnishing  
  7.9.3 Water treatment 
     
8 Global Bromine Market, By Geography 
 8.1 Introduction  
 8.2 North America  
  8.2.1 US  
  8.2.2 Canada  
  8.2.3 Mexico  
 8.3 Europe   
  8.3.1 Germany  
  8.3.2 UK  
  8.3.3 Italy  
  8.3.4 France  
  8.3.5 Spain  
  8.3.6 Rest of Europe 
 8.4 Asia Pacific  
  8.4.1 Japan  
  8.4.2 China  
  8.4.3 India  
  8.4.4 Australia  
  8.4.5 New Zealand 
  8.4.6 South Korea 
  8.4.7 Rest of Asia Pacific 
 8.5 South America  
  8.5.1 Argentina  
  8.5.2 Brazil  
  8.5.3 Chile  
  8.5.4 Rest of South America
 8.6 Middle East & Africa 
  8.6.1 Saudi Arabia 
  8.6.2 UAE  
  8.6.3 Qatar  
  8.6.4 South Africa 
  8.6.5 Rest of Middle East & Africa
     
9 Key Developments  
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
 9.2 Acquisitions & Mergers 
 9.3 New Product Launch 
 9.4 Expansions  
 9.5 Other Key Strategies 
     
10 Company Profiling  
 10.1 Sanofi SA  
 10.2 Honeywell International Inc. 
 10.3 Aquachina Chemicals  
 10.4 Chemtura Corporation 
 10.5 Israel Chemicals Limited 
 10.6 Solaris Chemtech   
 10.7 Dhruv Chem Industries  
 10.8 Tetra Technologies Inc.  
 10.9 Tosoh Corporation  
 10.10 Albemarle Corporation 
 10.11 Morre-Tec Industries Inc.  
 10.12 Jordan Bromine Company 
 10.13 Hindustan Salts Limited 
 10.14 Gulf Resources Inc. 
 10.15 Tata Chemicals Limited 
 10.16 Shandong Haiwang Chemical Co., Ltd. 
 10.17 Shandong Dadi Salt Chemical Group Co., Ltd
 10.18 Shandong Ocean Chemical Co., Ltd. 


List of Tables    
1 Global Bromine Market Outlook, By Region (2014-2023) ($MN)
2 Global Bromine Market Outlook, By Derivative (2014-2023) ($MN)
3 Global Bromine Market Outlook, By Clear Brine Fluids (2014-2023) ($MN)
4 Global Bromine Market Outlook, By Hydrogen Bromide (BHR) (2014-2023) ($MN)
5 Global Bromine Market Outlook, By Organobromines (2014-2023) ($MN)
6 Global Bromine Market Outlook, By Application (2014-2023) ($MN)
7 Global Bromine Market Outlook, By Biocides (2014-2023) ($MN)
8 Global Bromine Market Outlook, By Catalysts (2014-2023) ($MN)
9 Global Bromine Market Outlook, By Flame Retardants (2014-2023) ($MN)
10 Global Bromine Market Outlook, By Oil & Gas drilling (2014-2023) ($MN)
11 Global Bromine Market Outlook, By Organic Intermediates (2014-2023) ($MN)
12 Global Bromine Market Outlook, By Plasma etching (2014-2023) ($MN)
13 Global Bromine Market Outlook, By PTA synthesis (2014-2023) ($MN)
14 Global Bromine Market Outlook, By Other Applications (2014-2023) ($MN)
15 Global Bromine Market Outlook, By Photography (2014-2023) ($MN)
16 Global Bromine Market Outlook, By Elastomers (2014-2023) ($MN)
17 Global Bromine Market Outlook, By Adhesive & Tape (2014-2023) ($MN)
18 Global Bromine Market Outlook, By Vertical (2014-2023) ($MN)
19 Global Bromine Market Outlook, By Oil and gas (2014-2023) ($MN)
20 Global Bromine Market Outlook, By Automotive (2014-2023) ($MN)
21 Global Bromine Market Outlook, By Chemicals (2014-2023) ($MN)
22 Global Bromine Market Outlook, By Pharmaceuticals (2014-2023) ($MN)
23 Global Bromine Market Outlook, By Agriculture  (2014-2023) ($MN)
24 Global Bromine Market Outlook, By Cosmetics (2014-2023) ($MN)
25 Global Bromine Market Outlook, By Textile (2014-2023) ($MN)
26 Global Bromine Market Outlook, By Other Verticals (2014-2023) ($MN)
27 Global Bromine Market Outlook, By Construction (2014-2023) ($MN)
28 Global Bromine Market Outlook, By Furnishing (2014-2023) ($MN)
29 Global Bromine Market Outlook, By Water treatment (2014-2023) ($MN)
30 North America Bromine Market Outlook, By Country (2014-2023) ($MN)
31 North America Bromine Market Outlook, By Derivative (2014-2023) ($MN)
32 North America Bromine Market Outlook, By Clear Brine Fluids (2014-2023) ($MN)
33 North America Bromine Market Outlook, By Hydrogen Bromide (BHR) (2014-2023) ($MN)
34 North America Bromine Market Outlook, By Organobromines (2014-2023) ($MN)
35 North America Bromine Market Outlook, By Application (2014-2023) ($MN)
36 North America Bromine Market Outlook, By Biocides (2014-2023) ($MN)
37 North America Bromine Market Outlook, By Catalysts (2014-2023) ($MN)
38 North America Bromine Market Outlook, By Flame Retardants (2014-2023) ($MN)
39 North America Bromine Market Outlook, By Oil & Gas drilling (2014-2023) ($MN)
40 North America Bromine Market Outlook, By Organic Intermediates (2014-2023) ($MN)
41 North America Bromine Market Outlook, By Plasma etching (2014-2023) ($MN)
42 North America Bromine Market Outlook, By PTA synthesis (2014-2023) ($MN)
43 North America Bromine Market Outlook, By Other Applications (2014-2023) ($MN)
44 North America Bromine Market Outlook, By Photography (2014-2023) ($MN)
45 North America Bromine Market Outlook, By Elastomers (2014-2023) ($MN)
46 North America Bromine Market Outlook, By Adhesive & Tape (2014-2023) ($MN)
47 North America Bromine Market Outlook, By Vertical (2014-2023) ($MN)
48 North America Bromine Market Outlook, By Oil and gas (2014-2023) ($MN)
49 North America Bromine Market Outlook, By Automotive (2014-2023) ($MN)
50 North America Bromine Market Outlook, By Chemicals (2014-2023) ($MN)
51 North America Bromine Market Outlook, By Pharmaceuticals (2014-2023) ($MN)
52 North America Bromine Market Outlook, By Agriculture  (2014-2023) ($MN)
53 North America Bromine Market Outlook, By Cosmetics (2014-2023) ($MN)
54 North America Bromine Market Outlook, By Textile (2014-2023) ($MN)
55 North America Bromine Market Outlook, By Other Verticals (2014-2023) ($MN)
56 North America Bromine Market Outlook, By Construction (2014-2023) ($MN)
57 North America Bromine Market Outlook, By Furnishing (2014-2023) ($MN)
58 North America Bromine Market Outlook, By Water treatment (2014-2023) ($MN)
59 Europe Bromine Market Outlook, By Country (2014-2023) ($MN)
60 Europe Bromine Market Outlook, By Derivative (2014-2023) ($MN)
61 Europe Bromine Market Outlook, By Clear Brine Fluids (2014-2023) ($MN)
62 Europe Bromine Market Outlook, By Hydrogen Bromide (BHR) (2014-2023) ($MN)
63 Europe Bromine Market Outlook, By Organobromines (2014-2023) ($MN)
64 Europe Bromine Market Outlook, By Application (2014-2023) ($MN)
65 Europe Bromine Market Outlook, By Biocides (2014-2023) ($MN)
66 Europe Bromine Market Outlook, By Catalysts (2014-2023) ($MN)
67 Europe Bromine Market Outlook, By Flame Retardants (2014-2023) ($MN)
68 Europe Bromine Market Outlook, By Oil & Gas drilling (2014-2023) ($MN)
69 Europe Bromine Market Outlook, By Organic Intermediates (2014-2023) ($MN)
70 Europe Bromine Market Outlook, By Plasma etching (2014-2023) ($MN)
71 Europe Bromine Market Outlook, By PTA synthesis (2014-2023) ($MN)
72 Europe Bromine Market Outlook, By Other Applications (2014-2023) ($MN)
73 Europe Bromine Market Outlook, By Photography (2014-2023) ($MN)
74 Europe Bromine Market Outlook, By Elastomers (2014-2023) ($MN)
75 Europe Bromine Market Outlook, By Adhesive & Tape (2014-2023) ($MN)
76 Europe Bromine Market Outlook, By Vertical (2014-2023) ($MN)
77 Europe Bromine Market Outlook, By Oil and gas (2014-2023) ($MN)
78 Europe Bromine Market Outlook, By Automotive (2014-2023) ($MN)
79 Europe Bromine Market Outlook, By Chemicals (2014-2023) ($MN)
80 Europe Bromine Market Outlook, By Pharmaceuticals (2014-2023) ($MN)
81 Europe Bromine Market Outlook, By Agriculture  (2014-2023) ($MN)
82 Europe Bromine Market Outlook, By Cosmetics (2014-2023) ($MN)
83 Europe Bromine Market Outlook, By Textile (2014-2023) ($MN)
84 Europe Bromine Market Outlook, By Other Verticals (2014-2023) ($MN)
85 Europe Bromine Market Outlook, By Construction (2014-2023) ($MN)
86 Europe Bromine Market Outlook, By Furnishing (2014-2023) ($MN)
87 Europe Bromine Market Outlook, By Water treatment (2014-2023) ($MN)
88 Asia Pacific Bromine Market Outlook, By Country (2014-2023) ($MN)
89 Asia Pacific Bromine Market Outlook, By Derivative (2014-2023) ($MN)
90 Asia Pacific Bromine Market Outlook, By Clear Brine Fluids (2014-2023) ($MN)
91 Asia Pacific Bromine Market Outlook, By Hydrogen Bromide (BHR) (2014-2023) ($MN)
92 Asia Pacific Bromine Market Outlook, By Organobromines (2014-2023) ($MN)
93 Asia Pacific Bromine Market Outlook, By Application (2014-2023) ($MN)
94 Asia Pacific Bromine Market Outlook, By Biocides (2014-2023) ($MN)
95 Asia Pacific Bromine Market Outlook, By Catalysts (2014-2023) ($MN)
96 Asia Pacific Bromine Market Outlook, By Flame Retardants (2014-2023) ($MN)
97 Asia Pacific Bromine Market Outlook, By Oil & Gas drilling (2014-2023) ($MN)
98 Asia Pacific Bromine Market Outlook, By Organic Intermediates (2014-2023) ($MN)
99 Asia Pacific Bromine Market Outlook, By Plasma etching (2014-2023) ($MN)
100 Asia Pacific Bromine Market Outlook, By PTA synthesis (2014-2023) ($MN)
101 Asia Pacific Bromine Market Outlook, By Other Applications (2014-2023) ($MN)
102 Asia Pacific Bromine Market Outlook, By Photography (2014-2023) ($MN)
103 Asia Pacific Bromine Market Outlook, By Elastomers (2014-2023) ($MN)
104 Asia Pacific Bromine Market Outlook, By Adhesive & Tape (2014-2023) ($MN)
105 Asia Pacific Bromine Market Outlook, By Vertical (2014-2023) ($MN)
106 Asia Pacific Bromine Market Outlook, By Oil and gas (2014-2023) ($MN)
107 Asia Pacific Bromine Market Outlook, By Automotive (2014-2023) ($MN)
108 Asia Pacific Bromine Market Outlook, By Chemicals (2014-2023) ($MN)
109 Asia Pacific Bromine Market Outlook, By Pharmaceuticals (2014-2023) ($MN)
110 Asia Pacific Bromine Market Outlook, By Agriculture  (2014-2023) ($MN)
111 Asia Pacific Bromine Market Outlook, By Cosmetics (2014-2023) ($MN)
112 Asia Pacific Bromine Market Outlook, By Textile (2014-2023) ($MN)
113 Asia Pacific Bromine Market Outlook, By Other Verticals (2014-2023) ($MN)
114 Asia Pacific Bromine Market Outlook, By Construction (2014-2023) ($MN)
115 Asia Pacific Bromine Market Outlook, By Furnishing (2014-2023) ($MN)
116 Asia Pacific Bromine Market Outlook, By Water treatment (2014-2023) ($MN)
117 South America Bromine Market Outlook, By Country (2014-2023) ($MN)
118 South America Bromine Market Outlook, By Derivative (2014-2023) ($MN)
119 South America Bromine Market Outlook, By Clear Brine Fluids (2014-2023) ($MN)
120 South America Bromine Market Outlook, By Hydrogen Bromide (BHR) (2014-2023) ($MN)
121 South America Bromine Market Outlook, By Organobromines (2014-2023) ($MN)
122 South America Bromine Market Outlook, By Application (2014-2023) ($MN)
123 South America Bromine Market Outlook, By Biocides (2014-2023) ($MN)
124 South America Bromine Market Outlook, By Catalysts (2014-2023) ($MN)
125 South America Bromine Market Outlook, By Flame Retardants (2014-2023) ($MN)
126 South America Bromine Market Outlook, By Oil & Gas drilling (2014-2023) ($MN)
127 South America Bromine Market Outlook, By Organic Intermediates (2014-2023) ($MN)
128 South America Bromine Market Outlook, By Plasma etching (2014-2023) ($MN)
129 South America Bromine Market Outlook, By PTA synthesis (2014-2023) ($MN)
130 South America Bromine Market Outlook, By Other Applications (2014-2023) ($MN)
131 South America Bromine Market Outlook, By Photography (2014-2023) ($MN)
132 South America Bromine Market Outlook, By Elastomers (2014-2023) ($MN)
133 South America Bromine Market Outlook, By Adhesive & Tape (2014-2023) ($MN)
134 South America Bromine Market Outlook, By Vertical (2014-2023) ($MN)
135 South America Bromine Market Outlook, By Oil and gas (2014-2023) ($MN)
136 South America Bromine Market Outlook, By Automotive (2014-2023) ($MN)
137 South America Bromine Market Outlook, By Chemicals (2014-2023) ($MN)
138 South America Bromine Market Outlook, By Pharmaceuticals (2014-2023) ($MN)
139 South America Bromine Market Outlook, By Agriculture  (2014-2023) ($MN)
140 South America Bromine Market Outlook, By Cosmetics (2014-2023) ($MN)
141 South America Bromine Market Outlook, By Textile (2014-2023) ($MN)
142 South America Bromine Market Outlook, By Other Verticals (2014-2023) ($MN)
143 South America Bromine Market Outlook, By Construction (2014-2023) ($MN)
144 South America Bromine Market Outlook, By Furnishing (2014-2023) ($MN)
145 South America Bromine Market Outlook, By Water treatment (2014-2023) ($MN)
146 Middle East & Africa Bromine Market Outlook, By Country (2014-2023) ($MN)
147 Middle East & Africa Bromine Market Outlook, By Derivative (2014-2023) ($MN)
148 Middle East & Africa Bromine Market Outlook, By Clear Brine Fluids (2014-2023) ($MN)
149 Middle East & Africa Bromine Market Outlook, By Hydrogen Bromide (BHR) (2014-2023) ($MN)
150 Middle East & Africa Bromine Market Outlook, By Organobromines (2014-2023) ($MN)
151 Middle East & Africa Bromine Market Outlook, By Application (2014-2023) ($MN)
152 Middle East & Africa Bromine Market Outlook, By Biocides (2014-2023) ($MN)
153 Middle East & Africa Bromine Market Outlook, By Catalysts (2014-2023) ($MN)
154 Middle East & Africa Bromine Market Outlook, By Flame Retardants (2014-2023) ($MN)
155 Middle East & Africa Bromine Market Outlook, By Oil & Gas drilling (2014-2023) ($MN)
156 Middle East & Africa Bromine Market Outlook, By Organic Intermediates (2014-2023) ($MN)
157 Middle East & Africa Bromine Market Outlook, By Plasma etching (2014-2023) ($MN)
158 Middle East & Africa Bromine Market Outlook, By PTA synthesis (2014-2023) ($MN)
159 Middle East & Africa Bromine Market Outlook, By Other Applications (2014-2023) ($MN)
160 Middle East & Africa Bromine Market Outlook, By Photography (2014-2023) ($MN)
161 Middle East & Africa Bromine Market Outlook, By Elastomers (2014-2023) ($MN)
162 Middle East & Africa Bromine Market Outlook, By Adhesive & Tape (2014-2023) ($MN)
163 Middle East & Africa Bromine Market Outlook, By Vertical (2014-2023) ($MN)
164 Middle East & Africa Bromine Market Outlook, By Oil and gas (2014-2023) ($MN)
165 Middle East & Africa Bromine Market Outlook, By Automotive (2014-2023) ($MN)
166 Middle East & Africa Bromine Market Outlook, By Chemicals (2014-2023) ($MN)
167 Middle East & Africa Bromine Market Outlook, By Pharmaceuticals (2014-2023) ($MN)
168 Middle East & Africa Bromine Market Outlook, By Agriculture  (2014-2023) ($MN)
169 Middle East & Africa Bromine Market Outlook, By Cosmetics (2014-2023) ($MN)
170 Middle East & Africa Bromine Market Outlook, By Textile (2014-2023) ($MN)
171 Middle East & Africa Bromine Market Outlook, By Other Verticals (2014-2023) ($MN)
172 Middle East & Africa Bromine Market Outlook, By Construction (2014-2023) ($MN)
173 Middle East & Africa Bromine Market Outlook, By Furnishing (2014-2023) ($MN)
174 Middle East & Africa Bromine Market Outlook, By Water treatment (2014-2023) ($MN)

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